The season ran from 12 August 2018 to May 2019.
A total of 10 teams participated in this edition of the Second League.
The new members were FK Kom and FK Dečić who was relegated from 2017–18 Montenegrin First League, and winners of Montenegrin Third League playoffs - FK Arsenal Tivat.
At the end of the season, worst-placed team on the table would be directly relegated to the Montenegrin Third League.
The 3rd-placed team (against the 10th-placed team of the First League) and the runners-up (against the 11th-placed team of the First League) will both compete in two-legged promotion play-offs after the end of the season.